Tottenham Hotspur have reached an agreement with Inter Milan over the transfer of right-back Djed Spence, with reports putting the fee at £26.9 million. The development marks a key turning point in negotiations that began months earlier, when Tottenham initially sought around £36 million, before adjusting their valuation to secure an exit route for the England international.
The Italian champions first made contact in June, pressing for a deal for Spence after identifying him as a target. According to the Daily Mirror, Tottenham’s compromise was necessary to bridge a gap between the two clubs’ positions on price, and the clubs have now moved close to formalising a transfer after reaching that figure of £26.9 million.
Spence’s prospective move is also tied to immediate sporting incentives. Inter’s interest aligns with Spence’s likely opportunity to compete in the UEFA Champions League, a factor that has helped give the transfer added appeal for a player who, in recent months, has also been a regular figure for England. That international exposure has kept Spence visible to top clubs and has helped strengthen the case for Inter to move quickly once negotiations opened.
Reports indicate that Tottenham are open to completing the sale, with Inter poised to finalise the transfer following the normal final stages that precede official confirmation. One account states that Spence’s move to Milan will be completed subject to a medical examination, a routine but necessary step before the deal can be announced as final.
The financial outcome for Tottenham, while beneficial, is understood to be modest relative to the sums typically associated with Premier League-to-Serie A transfers. The Mirror notes that Tottenham are set to land only a minimal profit—around £6.9 million—on a player they signed from Championship side Middlesbrough in 2022. That context underlines both the club’s willingness to move the player on and the pressure to agree terms that reflected what Inter were prepared to pay.
Inter’s pursuit of Spence appears to have intensified across a period of sustained talks. ESPN previously reported that Inter were progressing negotiations with Tottenham and that, at that stage, a deal had not been agreed yet, though the negotiations were ongoing. ESPN also described Spence as someone Tottenham were willing to sell, citing the view from coach Roberto De Zerbi that the player did not fit as an essential component of the upcoming campaign plans. That reported assessment gave Tottenham an opening to consider a transfer if the right offer arrived.
ESPN further outlined the earlier economics of Spence’s Spurs deal. It stated that Tottenham had signed him from Middlesbrough in July 2022 for £19 million, in a package that included add-ons linked to international performances. Those details help explain how Spurs’ eventual profit could end up smaller than a straightforward fee comparison might suggest, because performance-related payments can shape the total realised value of a transfer.
While negotiation reporting varied in the exact currency and headline totals, multiple outlets pointed to a fee in the broad area of €30 million. Transfermarkt’s reporting described Spence as set to depart Tottenham for Inter, and said a verbal agreement was reportedly in place, with a transfer fee worth €31.5 million thought to have been agreed. It also noted Spence’s profile: a 26-year-old right-back who played an important role for England at the summer World Cup, and whose contract commitments would run until 30 June 2029.
Beyond the numbers and timetable, the human and footballing reasons behind the move are clear. Transfermarkt described Spence as an unlikely standout for England at the World Cup, where he delivered “heroic displays” as the Three Lions progressed to the semi-finals. That kind of performance can elevate a player’s market value and, just as importantly, confidence among suitors who want proven ability under high-pressure international conditions.
For Inter, signing Spence would also represent an addition aligned with head coach Cristian Chivu’s request for a wide-area reinforcement. Another report suggested that documentation between the clubs had been completed, and that Spence was expected in Milan for the formalities, reinforcing the impression that the transfer is in its final phase rather than an early-stage negotiation.
There is also detail in how the deal could be structured. One account from SempreInter stated that the fee would be €30 million and that it could include additional €5 million in bonuses, alongside a clause that provides 10% on any future resale. It further suggested contract terms for Spence, including a deal length running until 2031 and an annual value described in net terms, with add-ons potentially increasing overall compensation.
As the process heads toward a medical, Spurs and Inter will be watching for that final hurdle that can delay or derail transfers—fitness checks, medical risk evaluation, and confirmation of all player registration requirements. For Spurs supporters, the central storyline will likely be how a deal born from an initial £36 million asking price concludes with Tottenham able to agree a significantly lower figure, reflecting both the reality of the market and the need to reach an exit decision.
For Spence, the move offers the chance to establish himself in Serie A at a top club while continuing his career at a higher level of European competition. With Tottenham set to receive a fee of £26.9 million according to the latest reports, and with the expectation that the transfer will be finalised after medical clearance, the only remaining questions appear to be administrative and health-related rather than financial or competitive.
In the coming days, Inter’s squad building will turn from negotiations into integration, with Spence preparing to join the club following the required medical. Tottenham, meanwhile, are likely to shift attention to what they can do next—whether that means promoting alternatives internally or entering fresh discussions in the transfer market to reshape their right-back options for the season ahead.
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